Mulryan throws summer lawn party
Published 05/07/2015 | 02:30
The sun is shining on Irish property developers again and Sean Mulryan is one man who is happily basking in the glow of the recovery.
The millionaire businessman threw open the doors on his Ardenode Stud last weekend to host more than 100 wealthy Malaysian businessmen and guests at his Kildare home.
The celebrations are to mark a major deal between his company, The Ballymore Group, and their joint-venture partner, Eco World, involving a €2.8 billion London residential development.
Mulryan became known for his lavish parties at the height of the Celtic Tiger and it seems he hasn't lost his golden touch. On Friday, his specially invited guests flew in for three days of entertainment and kicked off the weekend with a visit to the Guinness Storehouse at Dublin's St James Gate. On Saturday, they continued the party with a day out at the races for the 150th Dubai Duty Free Irish Derby.
Ten tables were booked in a special marquee where guests enjoyed a three-course meal while watching racings blue ribbon event.
The guests were then whisked off to a lavish party on Sunday, which Mulryan hosted on the lawn of Ardenode Stud.
Never one to do things by half measures, the developer drafted in celebrity chef Rachel Allen to oversee the best in fine dining. And as drinks were topped up in the summer sun, members of Riverdance were on hand to offer entertainment.
A guest told the Sunday Independent: "Sean has been in flying form since the deal and he wanted to show the Malaysians what Ireland has to offer.
"He was always the best around for a party in the height of it and it felt like he could finally relax again and enjoy the occasion."
In the height of the Celtic Tiger, Sean Mulryan and his wife Bernadine were famous for throwing generous parties for guests such as Fianna Fáil's Charlie McCreevy and Brian Cowen.
Set amid 240 acres, the couple live in the stunning Ardenode Stud, which is a renovated late-18th century home, close to Ballymore Eustace. The house is a massive 1,458 square metres - 17 times bigger than the average semi-detached.
Meanwhile, his latest deal has been marked as a major milestone in his strategy to exit Nama.
It is understood Mulryan's Irish property development company will use much of the money raised from the transaction to repay debt due to Nama.
He hopes to become the second top 10 developer to exit Nama after Johnny Ronan, who paid back close to €400m over the last two years.